Atl Hawks LLC 401(k) Review & Grade
Atl Hawks LLC 401(k) Retirement Plan
Atlanta, GAArts, Entertainment & Recreation615 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,489Employer $ per active participant
$8,011Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$49.6MNet plan assets, end of year
$68,507Average balance per account
Score breakdown
- Employer generosity42.9 / 5086th percentile for employer $ per participant
- Low cost9.9 / 2539th percentile for low admin cost vs. same-size plans
- Employee saving14.1 / 1594th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Arts, Entertainment & Recreation plans with 500–2,499 active participants (225 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 86th |
| Lower admin cost | 39th |
| Employee saving | 94th |
| Peers that auto-enroll | 38% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Atl Hawks put in about $2,489 per active participant, more than the typical peer ($995). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,530,691 |
| Participant (employee) contributions | $4,926,722 |
| Other contributions (incl. rollovers in) | $103,032 |
| Administrative expenses paid from the plan | $142,043 |
| Contract administrator fees | $142,043 |
| Benefits paid out | $5,316,722 |
| Net assets, start / end of year | $42.2M / $49.6M |
| Active participants, start / end of year | 623 / 607 |
| Participants with account balances | 724 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Frazier & Deeter, LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $142,042 reported compensation |
| Ameriprise Financial Services LLC. | $60,000 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014102704NAL0002623217001, received 2025-10-14, EIN 20-0309838, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.